Business – Investor’s Business Daily – Yahoo! News
Herbalife , a maker of weight-loss products, said its Q4 EPS rose 42% to 98 cents ex items, topping views by 7 cents. Revenue rose 23% to $631 mil, above views. It sees Q1 EPS of 77-80 cents vs. views for 86 cents. Shares slid 1.4%. Full Story;
Papa John's (NMS:PZZA), a pizza chain, said its Q4 EPS fell 14.6% to 41 cents, topping views by 4 cents. Revenue rose 0.3% to $280.5 mil, above views. U.S. same-store sales fell 0.5%. Shares rose 1%. Full Story;
Blue Coat (NMS:BCSI), a maker of Internet-monitoring equipment, said its Q3 EPS rose 76% to 37 cents, topping views by 3 cents. Revenue rose 16% to $127 mil. It sees Q4 EPS of 36-41 cents vs. views for 38 cents. Shares fell 2%. Full Story;
Catalyst Health (NMS:CHSI), a pharmacy benefits manager, said its Q4 EPS rose 24% to 41 cents, meeting views. Revenue rose 8.8% to $748 mil, below views. Full Story;
Conceptus (NMS:CPTS), a maker of birth-control products, said its Q4 EPS rose 31% to 21 cents, meeting views. Sales rose 30% to $37 mil, below views. Shares declined 4% in late trading. Full Story;
China Moves To Curb Housing Without Repeating '08 Mistakes
China's housing market, barely alive a year ago amid too-tight credit and a global recession, has shifted into overdrive. Full Story;
Plunging Confidence Highlights Fragility Of Econ Recovery
Consumer confidence plunged in February to a 10-month low and the number of “problem” banks jumped 27% last quarter to a 17-year high, according to separate reports Tuesday, overshadowing a gain in home prices. Full Story;
Look To Buy On Pullbacks To 10-Week Line
Breakouts aren't the only way that stocks present buying opportunities. Pullbacks to the 10-week moving average are another sound way to go. Full Story;
Pegasystems (NMS:PEGA), a business software maker, said Q4 EPS surged 100% to 16 cents, a cent over views. Sales grew 23% to $73 mil, above forecasts. It rose. Full Story;
Mercadolibre (NMS:MELI), an online marketplace, lifted Q4 EPS 44% to 26 cents, missing views by a cent. Sales rose 46.5% to $49 mil, below forecasts. It fell 9%. Full Story;
